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today we do have news from lockheed martin, the pentagon's biggest contractor suggesting that actually sales this year will drop by more if the automatic spending cuts kick in and future years will also be materially affected. what is your view on the sector? >> well, right now, there's just a lot of fear but there has been for some time. so there might be a certain degree of recovery, realizing that it is bad but not the apocolypse that some people have painted it as and there is a good chance that some damage might be undone in that interim period. so while we don't like living in uncertainty and while there will be paying under almost any scenario, it certainly doesn't mean the end. there are definitely positives for this industry in the sector. >> which is the greatest threats. automatic spending can cuts or the fact that you have a president who is in his second term and therefore perhaps more able to cut spending programs that might hit particular cities or regions and a new defense secretary. >> you know, it is interesting. of course a lot of that is simply by events. obama didn
today we do have news from lockheed martin, the pentagon's biggest contractor suggesting that actually sales this year will drop by more if the automatic spending cuts kick in and future years will also be materially affected. what is your view on the sector? >> well, right now, there's just a lot of fear but there has been for some time. so there might be a certain degree of recovery, realizing that it is bad but not the apocolypse that some people have painted it as and there is a good...
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it's going on right now in the pentagon. i'm sure there's a lot of people who ate pizza last night. lori: where should the cuts happen, general? >> at various levels. when money goes down, it has to get sliced up and smaller and smaller bits, so -- lori: right now, it's the president deciding where the cuts happen. that's the problem. >> sure, at the top. he's not the one saying in fort carson, colorado, 15 houses that were to be repaired will not be repaired this year. that happens somewhere else. it trickles down all the way down. there may be a big cut, okay, protect military manpower, but not protecting fuel savings. somehow that cut to fuel purchases goes all the way down to where some company commanders in fort carson or fort hood says we can't move the tanks for the next 30 days because we don't have the fuel. lori: interesting. there's proposal vie various congress people to eliminate the draft. that's a small portion, about 20-25 million i believe, but we have thousands of troops stationed in europe since the cold war. those are ideas that have been bantied about this week.
it's going on right now in the pentagon. i'm sure there's a lot of people who ate pizza last night. lori: where should the cuts happen, general? >> at various levels. when money goes down, it has to get sliced up and smaller and smaller bits, so -- lori: right now, it's the president deciding where the cuts happen. that's the problem. >> sure, at the top. he's not the one saying in fort carson, colorado, 15 houses that were to be repaired will not be repaired this year. that happens...
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they would give the pentagon more wiggle room to do something about it to shift money and around invite the white house's own ideas. that will be defeated as well as a democratic plan. the budgetary office found this would increase by a small amount over ten years. everybody is gonna leave town. i don't think congress will be in session tomorrow, on friday, the day these cuts go into effect. everybody will be pointing the finger. already we're talking more about what's going to happen next. for example, the house republicans next weekend may move a bill that basically keeples the automatic cuts in place and -- keeps the automatic cuts in place and gives the pentagon more leeway to shift around money and then moves forward at that lower level of funding for what's called the discretionary budget, tori. >> the president will be meeting with the republican congressional leaders tomorrow for the first time on this topic. why the wait? why wait until after the deadline? why didn't they meet before? >> it's it's sort of a logical question. when the meeting with the congressional leadership to
they would give the pentagon more wiggle room to do something about it to shift money and around invite the white house's own ideas. that will be defeated as well as a democratic plan. the budgetary office found this would increase by a small amount over ten years. everybody is gonna leave town. i don't think congress will be in session tomorrow, on friday, the day these cuts go into effect. everybody will be pointing the finger. already we're talking more about what's going to happen next. for...
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those cuts will include $46 billion from the pentagon's budget, friday's meeting with speaker boehner and senator mcconnell at the white house is expected to come before the president signs the order. >> ladies and gentlemen, the statue of rosa parks. >> reporter: on wednesday mr. obama talked briefly with both republican leaders during a ceremony unveiling a statue of rosa parks on capitol hill. caught in this photo, it's the first time they met in face to face since december. in a last-ditch scramble democrats and republicans in the senate have crafted legislation to avoid the cuts but both bills are expected to die later today. >> when they put forward gimmicks instead of negotiating serious spending cut solutions, americans feel like they're not being listened to. >> reporter: dire warnings from agencies and departments about the negative effects of the sequester have continued, but republicans question whether the warnings are justified. last sunday on cbs' "face the nation" education secretary arne duncan said this -- >> there are literally teachers now who are getting pink slip
those cuts will include $46 billion from the pentagon's budget, friday's meeting with speaker boehner and senator mcconnell at the white house is expected to come before the president signs the order. >> ladies and gentlemen, the statue of rosa parks. >> reporter: on wednesday mr. obama talked briefly with both republican leaders during a ceremony unveiling a statue of rosa parks on capitol hill. caught in this photo, it's the first time they met in face to face since december. in a...
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we know over 100,000 pentagon workers will be furloughed and an hour and a half line at least to get on a plane, more like four hours because they have to be furloughed. wait a second! i thought we were all going to all be affected. >> gretchen: that was monday, tuesday, wednesday. >> steve: right. it looks like the white house and cabinet minute secretaries have -- ministers clearly hyped this whole thing. keep in mind, the white house and the administration has a lot of leeway in how the cuts are administered among the agencies and phil gramm, former senator from texas who helped right the sequestration bill in the 1985s, he's going to be our guest in ten minutes. he's going to tell us about the president, if he makes the choices where they are deliberate, maximum cut for maximum political gain, that would be the wrong thing to do for america. >> gretchen: he seems to be backing off on that now because i think if this crisis ultimately did not happen come saturday, the credibility of the president and his administration would be called into question. meantime, what do you think abo
we know over 100,000 pentagon workers will be furloughed and an hour and a half line at least to get on a plane, more like four hours because they have to be furloughed. wait a second! i thought we were all going to all be affected. >> gretchen: that was monday, tuesday, wednesday. >> steve: right. it looks like the white house and cabinet minute secretaries have -- ministers clearly hyped this whole thing. keep in mind, the white house and the administration has a lot of leeway in...
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he succeeds leon panetta, who had served in the top pentagon job since july of 2011. white house officials conceded today it's unlikely the government will avoid those looming, automatic budget cuts. a spokesman said president obama will meet friday with congressional leaders, but there was no indication that any deal is in the works. tomorrow, senate democrats will try to bring up a stop-gap bill to delay the cuts, but republicans could block the measure. at the vatican, pope benedict the sixteenth gave an emotional farewell in his last general audience-- a day before his retirement becomes official. we have a report from james mates of "independent television news." >> reporter: a final ride on the popemobile into the crowds on st. peter's square. a last baby to kiss. there is no protocol on how to leave the office of pope because no living pope has done so for 600 years. but benedict xvi decided he was not going to go quietly. for ten days there have been rumors that he stood down not just because of ill health, but because of power struggles in the vatican. in his
he succeeds leon panetta, who had served in the top pentagon job since july of 2011. white house officials conceded today it's unlikely the government will avoid those looming, automatic budget cuts. a spokesman said president obama will meet friday with congressional leaders, but there was no indication that any deal is in the works. tomorrow, senate democrats will try to bring up a stop-gap bill to delay the cuts, but republicans could block the measure. at the vatican, pope benedict the...
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the pentagon well i think the congress within the next six to twelve months is going to be so absorbed in the deal best stick crisis that is coming as a result of our fiscal irresponsibility we're well on the road to greece and italy that the next secretary of defense and the president will have quite a free hand to make rather profound change in the military establishment the question is will they do it or will they simply cut away incrementally and leave us with effectively a hollow military one with lots of generals admirals and headquarters not very many people that can actually fight lots of chiefs no indians kelly is there any courage in washington to do exactly what we just heard. i am i am not very confident that i was talking with a senior navy officer last night you know i just happened to be. by myself in this conversation and i asked about what the feeling was and and the feeling now is a lot of despondency because i think within the military there is a strong contingent of of of officers and enlisted people who see the circus going on in washington and what they're concern
the pentagon well i think the congress within the next six to twelve months is going to be so absorbed in the deal best stick crisis that is coming as a result of our fiscal irresponsibility we're well on the road to greece and italy that the next secretary of defense and the president will have quite a free hand to make rather profound change in the military establishment the question is will they do it or will they simply cut away incrementally and leave us with effectively a hollow military...
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kelly was talking about we haven't even done accountability for the money we've spent we have the pentagon refuses to do an actual audit so you don't even know where the money is going to you have spent so how can you justify not spending money that you do have for things you know you must do it's truly insane ok dixon who is running the show the pentagon congress the american people who. well i think at the moment we have to say that it's a combination of force stores in the department of defense and people on the hill who are of course tied to people in industry who are interested in maintaining the money flow for big ticket items look there here's a serious problem that no one bothers to discuss and i think your viewers will appreciate knowing this during the second world war when we had eleven million men in the air force and the army we had only four four star generals to command that force today we have about eight hundred eighty thousand men in the army and the air force combined and we have twenty three four star generals which what we've got is this enormous bloat in senior office
kelly was talking about we haven't even done accountability for the money we've spent we have the pentagon refuses to do an actual audit so you don't even know where the money is going to you have spent so how can you justify not spending money that you do have for things you know you must do it's truly insane ok dixon who is running the show the pentagon congress the american people who. well i think at the moment we have to say that it's a combination of force stores in the department of...
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the former nebraska senator and vietnam combat veteran was sworn in at the pentagon today. and a $46 billion mandatory budget cuts that are scheduled to take place friday. the vatican today the first pope to resign in 600 years. and 140 people in st. peter's square. pope benedict xvi will step down and 2:00 eastern time. candidate of new pope will be selected has not announced. the statue of liberty and ellis island have been closed since superstorm sandy in october. interior secretary can salazar says repair work is continuing at a historic site by the security screening process for visitors has to be resolved before reopening date can be set. we have to find other things to do with people visiting yes. melissa: those are the headlines, thank you. gas prices continue to rise but could that mean more than a drain on your wallet? my next guest says if they continue to climb they could take the market. [talking over each other] melissa: this was really interesting. you put together ten factors that contribute to a slide in stocks, one of them was gas prices. let's talk about
the former nebraska senator and vietnam combat veteran was sworn in at the pentagon today. and a $46 billion mandatory budget cuts that are scheduled to take place friday. the vatican today the first pope to resign in 600 years. and 140 people in st. peter's square. pope benedict xvi will step down and 2:00 eastern time. candidate of new pope will be selected has not announced. the statue of liberty and ellis island have been closed since superstorm sandy in october. interior secretary can...
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the pentagon well i think the congress within the next six to twelve months is going to be so absorbed in the deal best stick crisis that is coming as a result of our fiscal irresponsibility we're well on the road to greece and italy that the next secretary of defense and the president will have quite a free hand to make rather profound change in the military establishment the question is will they do it or will they simply cut away incrementally and leave us with effectively a hollow military one with lots of generals admirals and headquarters not very many people that can actually fight lots of chiefs no indians kelly is there any courage in washington to do exactly what we just heard. i am i am not very confident that i was talking with a senior maybe officer last night you know i just happened to be. by myself in this conversation and i asked about what the feeling was and and the feeling now is a lot of despondency because i think within the military there is a strong contingent of of of officers and enlisted people who see the circus going on in washington and what they're concer
the pentagon well i think the congress within the next six to twelve months is going to be so absorbed in the deal best stick crisis that is coming as a result of our fiscal irresponsibility we're well on the road to greece and italy that the next secretary of defense and the president will have quite a free hand to make rather profound change in the military establishment the question is will they do it or will they simply cut away incrementally and leave us with effectively a hollow military...
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the pentagon started spending money on a variety of different programs. you can't build 2/3 of a submarine, it doesn't work. my bill eliminates sequester and yes you have to find savings in both the defense budget and other nondiscretionary programs. you can do it in rational way. do it over the next eight years not the next day and a half. jon: that is what the sequester was supposed to motivate. was supposed to motivate both sides to sit down and look at places to cut spending and find places to cut. >> and the super-committee was not able to do their work. the thing all this focus on sequestration, we forget we already cut a trillion dollars out of discretionary spending. half of that came out of defense. defense accounts for about 18% of our overall spending. but about 50% of the savings we've taken out of defense. this is a time of war. and i think that what we need to do is step back and take a breath. and adam's bill, while i don't agree with his premise, i do congratulate him on his courage. because his caucus has been asking for tax increases as
the pentagon started spending money on a variety of different programs. you can't build 2/3 of a submarine, it doesn't work. my bill eliminates sequester and yes you have to find savings in both the defense budget and other nondiscretionary programs. you can do it in rational way. do it over the next eight years not the next day and a half. jon: that is what the sequester was supposed to motivate. was supposed to motivate both sides to sit down and look at places to cut spending and find places...
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he was sworn two hours ago at the pentagon. why the vote to favor him? >> i filibuster ited him white -- twice because i wanted more information. when republicans stick together we could get information. i was disappointed several on my side after they filibustered him up immediately announced they wouldn't continue the filibuster so we never got the information. i'm the same way on brennan. i want more information on drone strikes in america. on final passage though i take the position that the president does have some leeway and some prerogative who he appoints to political appointees. so i would like to get as much information as can. i will stick with the party, if the party will stick together to get more information. in the end i voted for john kerry also although i agree with almost nothing that john kerry represents. bill: will secretary hagel be a good and satisfactory defense secretary in your view? >> you know, i don't really know. there are many libertarian reasons not to be excited about a guy who voted for the iraq war, voted for the patrio
he was sworn two hours ago at the pentagon. why the vote to favor him? >> i filibuster ited him white -- twice because i wanted more information. when republicans stick together we could get information. i was disappointed several on my side after they filibustered him up immediately announced they wouldn't continue the filibuster so we never got the information. i'm the same way on brennan. i want more information on drone strikes in america. on final passage though i take the position...
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the pentagon says it needs chuck hagel as soon as possible. >> this is a ridiculous way to run a budget show. we have been shouting at from the rooftops for a very long time. >> he will be sworn in as defense secretary wednesday morning. he is not getting much -- he will go from being the subject of intense congressional discussion and debate to trying to influence them. >> i want to make you aware of the developing story out of afghanistan. gov. has confirmed that 11 police officers and six civilians were killed at a checkpoint overnight. police launched an investigation and have detained two men who they say poisoned the people at the checkpoint. that story just breaking. we are looking into>> pope benes concluded his final appearance in st. peter's square as the roman catholic pope. 50,000 people crammed into the square. he is the first pope in 600 years to resign. a two-day summit has concluded with the decision to hold more talks in istanbul. the west believes that iran possible nuclear program is aimed at creating a bomb. chuck hagel has been confirmed as the new u.s. defense secr
the pentagon says it needs chuck hagel as soon as possible. >> this is a ridiculous way to run a budget show. we have been shouting at from the rooftops for a very long time. >> he will be sworn in as defense secretary wednesday morning. he is not getting much -- he will go from being the subject of intense congressional discussion and debate to trying to influence them. >> i want to make you aware of the developing story out of afghanistan. gov. has confirmed that 11 police...
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. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see yesterday -- remember we had -- there was a big debate about the test drive of the tesla in "the new york times." >> yeah. uh-huh. >> and phil lebeau -- >> went well. then edmonds did one yesterday. >> how did that go? >> not so well. the whole interior screen that sort of is the hub of the whole car, it stopped working. >> i don't understand this debate anyway. if you want to go a long trip like that, wouldn't you take a different car? rent a car or -- >> yeah. phil made the point. this is what you do -- >> andrew made the point, too. >> if you feel green and you want to, you know -- >> you want to tool
. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see...
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the pentagon is bracing for change chuck hagel will be sworn in as the new u.s. defense secretary later on wednesday he's come under fire from fellow republicans for past criticism of the iraq war the jewish lobby with some believing he could also be too soft on iran but president obama firmly believes he's the right man for the job has gone she can reports chuck hagel was confirmed by the senate fifty eight votes for forty one vote against a narrow vote as you can see but he can finally leave all that apologizing and repenting behind and he had to do a lot of that to get the job sharp angle has been working very hard to tailor his views so as to please congress as a senator chuck hagel allowed himself to oppose the surge in iraq to criticize israel's policies two opposing war when they want as an option but as the president's nominee for the defense secretary position he backtracked on much of what he had said before and did it. as as even his supporters noted in a rather clumsy way but in a way that showed how much he wanted the job and the whole confirmation p
the pentagon is bracing for change chuck hagel will be sworn in as the new u.s. defense secretary later on wednesday he's come under fire from fellow republicans for past criticism of the iraq war the jewish lobby with some believing he could also be too soft on iran but president obama firmly believes he's the right man for the job has gone she can reports chuck hagel was confirmed by the senate fifty eight votes for forty one vote against a narrow vote as you can see but he can finally leave...
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conversely, i talked to people in the pentagon. the lower in ranks you go, the more they like this guy. the more they like the sense that an enlisted man is going to run the building. if you can use that as a springboard he's facing immense challenges from sequestration to afghanistan to a nuclear iran but it's an opportunity for him to seize the moment. if he does, people will forget this pretty quickly i think. >> woodruff: what about the so relations or whatever lingering effect there is from this loud vote of no confidence from republicans in the senate? does that affect his ability to do his job? >> i think the important thing for people to realize is it's a perceptions game. if he lets it bother him, it will. but conversely, if he doesn't and if he moves on out, i mean, senators today we're talking some are saying, this will wound him like senator graham of south carolina. others like the chairman of the committee senator levin said no it won't. we're all about tomorrow. we don't focus that much on the past. the truth is some
conversely, i talked to people in the pentagon. the lower in ranks you go, the more they like this guy. the more they like the sense that an enlisted man is going to run the building. if you can use that as a springboard he's facing immense challenges from sequestration to afghanistan to a nuclear iran but it's an opportunity for him to seize the moment. if he does, people will forget this pretty quickly i think. >> woodruff: what about the so relations or whatever lingering effect there...
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pentagon or at the department of defense. it is a problem of misallocation of resources from the front end. let me give you one example of that. soviets during the cold war had a saying better is the enemy of good enough. they would look at the military equipment, if what they had was good enough to do the job they would not overpay for something better. here in the states we have serious problem overpaying for equipment that is more than adequate for the job that is required. a perfect example of that is the f-35. you i am a retired naval aviator. i spent 20 years fly for the united states navy, 3500 flight hours. if the navy would capable or run its own purchase program the navy wouldn't go anywhere near the f-35 because it cost 2 1/2 times as much f-18 for only marginal increase in capability. melissa: let me start you there. i'm all in favor of cutting spending. >> gotcha. melissa: one. my favorite things in the world except when we're talking about handbags. setting that aside, if you don't do incremental improvements in
pentagon or at the department of defense. it is a problem of misallocation of resources from the front end. let me give you one example of that. soviets during the cold war had a saying better is the enemy of good enough. they would look at the military equipment, if what they had was good enough to do the job they would not overpay for something better. here in the states we have serious problem overpaying for equipment that is more than adequate for the job that is required. a perfect example...
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he'll have to turn his attention to the pentagon budget and how to manage billions of dollars' worth of cuts. >>> a rocket fired from gaza has exploded in southern israel. it's the first attack since november, when the israeli military agreed to a cease-fire with the islamic fundamentalist group hamas. police in israel say no one was hurt. they suspect the palestinian militant group other than hamas may be responsible. the israeli military did not retaliate. tensions are rising in gaza and the west bank. the death of a palestinian inmate over the weekend sent palestinians into the streets in protest. the inmate died in an israeli prison. he was allegedly tortured. >>> north korean leader kim jong un has conducted a military inspection to check if troops are ready for battle. the country's state-run media reported on tuesday that kim monitored an artillery exercise. he reportedly said he was convinced officers are ready for his orders on maximum alert. kim is accompanied by senior military officials believed to have directed the 2010 shelling of a south korean island. that's the south
he'll have to turn his attention to the pentagon budget and how to manage billions of dollars' worth of cuts. >>> a rocket fired from gaza has exploded in southern israel. it's the first attack since november, when the israeli military agreed to a cease-fire with the islamic fundamentalist group hamas. police in israel say no one was hurt. they suspect the palestinian militant group other than hamas may be responsible. the israeli military did not retaliate. tensions are rising in gaza...
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plans to travel to a major military community in newport news, virginia, to highlight the impact of pentagon cuts and a shipbuilding facility. on monday he urged a gathering of governors to push congress into action to avert the looming sequester showdown. >> now, these in packs will not all be felt on day one, but rest assured, the uncertainty is already having an effect. companies are preparing layoff notices. families are preparing to cut back on expenses. the longer these cuts are in place, the bigger the impact will become. so while you are in town, i hope you speak with your congressional delegation and remind them in no uncertain terms exactly what is at stake and exactly who is at risk. because here is the thing, these cuts do not have to happen. congress can turn them off any time with just a little bit of compromise. >> joining us our guests to uncover how billionaire investor such as pete peterson have helped reshaped the national debate on the economy, the debt, and social spending. between 2007 and 2011, peterson personally contributed nearly $500 million to his peter g. peterso
plans to travel to a major military community in newport news, virginia, to highlight the impact of pentagon cuts and a shipbuilding facility. on monday he urged a gathering of governors to push congress into action to avert the looming sequester showdown. >> now, these in packs will not all be felt on day one, but rest assured, the uncertainty is already having an effect. companies are preparing layoff notices. families are preparing to cut back on expenses. the longer these cuts are in...
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replace these cuts with other cuts, same level of cuts, same level of deficit spending but give the pentagon, give others much more flexibility to minimize impact, minimize hurt versus maximizing it which is basically the last setup now. ashley: we're out of time. thank you so much. senator vitter thanks for joining us, we appreciate it. >> thanks, ashley. ashley: thank you. tracy: yeah. interesting right, that he and warren are on the same page. ashley: yes. very bipartisan effort there. too big to fail. tracy: still there. ashley: yep. tracy: more solid numbers on u.s. housing. is the recovery for real? s&p's david blitzer who help put together's today's case-shiller report will weigh in next. he doesn't think so. ashley: plus martha stewart's newest legal battles. will she have to rebuild her image again? that story coming up. but first as we do every day at this time, look how oil is trading. market is trading higher but the oil is starting to drop again at $92 a barrel. we'll be right back [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-
replace these cuts with other cuts, same level of cuts, same level of deficit spending but give the pentagon, give others much more flexibility to minimize impact, minimize hurt versus maximizing it which is basically the last setup now. ashley: we're out of time. thank you so much. senator vitter thanks for joining us, we appreciate it. >> thanks, ashley. ashley: thank you. tracy: yeah. interesting right, that he and warren are on the same page. ashley: yes. very bipartisan effort there....
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barbara starr at the pentagon. dana, i understand 15 republicans voting with the democrats to move forward on the official vote for hagel as defense secretary. how did it break down? what do we know? >> reporter: after all of the division, all of the debate, all of the delay, this was a pretty bipartisan vote to stop this filibuster and to allow the haguele nomination to go through. 71-27. that's right. 71-27. it wasn't even close to move this along. and we believe actually maybe more towards 18 republicans. we're trying to get the final breakdown. we can report that the final confirmation vote will happen in about two hours plus, 4:30 eastern. three hours, i should say. by the end of the day, chuck hagel, according to the vote, will be officially confirmed by the senate as the next defense secretary, after a lot of partisan division and pretty ugly back and forth about him and about his positions and it's gotten personal. >> and i want to bring in barbara starr at the pentagon. obviously there are some things he's
barbara starr at the pentagon. dana, i understand 15 republicans voting with the democrats to move forward on the official vote for hagel as defense secretary. how did it break down? what do we know? >> reporter: after all of the division, all of the debate, all of the delay, this was a pretty bipartisan vote to stop this filibuster and to allow the haguele nomination to go through. 71-27. that's right. 71-27. it wasn't even close to move this along. and we believe actually maybe more...
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Feb 26, 2013
02/13
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right now at capitol hill, art tea talking about the impact of the budget cuts on the pentagon. in the senate they are expected to finally clear the way for confirmation vote to chuck hagel who will inherit this budget mess. janet napolitano, you see her on the right there, also speaking live at the brookings institution. and then just moments ago, we heard from a fired-up john boehner who blames the stalemate on the president and the senate. >> we have moved a bill in the house twice. we should not have a move a third bill before the senate gets off their ass and begins to do something. >> i'm joined by military analyst jack jacobs. good to see you. >> good morning. >> if lawmakers can't make this march 1st deadline, $43 billion or 8% will be slushed from the pentagon budget. they have used words like devastating, dire. are they right? how significant would this be? >> very serious indeed. these are across the board cuts. i mean, there's no intelligence or intelligent decisions made on what is going to be cut. so in addition to fact -- and there's plenty of fact -- you are goin
right now at capitol hill, art tea talking about the impact of the budget cuts on the pentagon. in the senate they are expected to finally clear the way for confirmation vote to chuck hagel who will inherit this budget mess. janet napolitano, you see her on the right there, also speaking live at the brookings institution. and then just moments ago, we heard from a fired-up john boehner who blames the stalemate on the president and the senate. >> we have moved a bill in the house twice. we...
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Feb 26, 2013
02/13
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KRON
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secretary leon panetta is daisy for automatic across-the-board budget cuts are scheduled to hit the pentagon. >> the child for the b.p. gulf coast oil spill or resume today. expected to testify will be uc berkeley engineer robert bea who played a prime role in investigating levy breeches and new york and ortolans after hurricane katrina. bea is an expert witness for the plaintiffs who sued b.p. plc and other companies over the deep water are rise in disaster. he shares his theories about will cause bbs make kondo well to blow out in 2010. the explosion 11 workers and spewed an estimated 172 million of gallons of crude oil into the gulf. >> a candlelight vigil was outside pleasant hills city hall to remember those killed and the new town shooting massacre and called for stricter gun laws. the gathering included the reading of the names of those killed in the shooting. those would tend it called for congress to pass stricter gun laws, including universal background checks for those who want to bridges fire arms, and the sullivans man and limits on high-capacity magazines. >> me while the debat
secretary leon panetta is daisy for automatic across-the-board budget cuts are scheduled to hit the pentagon. >> the child for the b.p. gulf coast oil spill or resume today. expected to testify will be uc berkeley engineer robert bea who played a prime role in investigating levy breeches and new york and ortolans after hurricane katrina. bea is an expert witness for the plaintiffs who sued b.p. plc and other companies over the deep water are rise in disaster. he shares his theories about...
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Feb 26, 2013
02/13
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virginia also home to the pentagon. all told 90,000 civilian defense department workers would be furniture load if the furlough goes into effect. the president warned governors yesterday, democrats and republicans don't have to let it happen. >> there are more areas where we can do a lot more cooperating than i think we've seen over the last several years. to do that, though, this town has to get past its obsession with focusing on the next election instead of the next generation. >> house speaker john boehner says the house has passed two bills that would deal with the deficit and not raise taxes, martha. martha: so all of this puts virginia republicans in-kind of a tricky place on this whole thing, doesn't it? >> reporter: between a rock and a hard place you might say. virginia has been trending away from the red state it used to be. remember it went for president obama twice and that make it difficult for republican members of congress to explain to their constituents why their inability to compromise could cost them
virginia also home to the pentagon. all told 90,000 civilian defense department workers would be furniture load if the furlough goes into effect. the president warned governors yesterday, democrats and republicans don't have to let it happen. >> there are more areas where we can do a lot more cooperating than i think we've seen over the last several years. to do that, though, this town has to get past its obsession with focusing on the next election instead of the next generation....
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Feb 26, 2013
02/13
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a vote if he is confirmed he would succeed panetta and take office just before budget cuts hit the pentagon. a new snowstorm is crossing the midsection creating havoc for resolution dens still digging out from last week's blizzard bringing heavy snow to kansas and missouri this morning. you can see in the live pictures how much snow is on the ground. they will have a tough job ahead of them. also, we have hurricane-force winds and these are conditions in kansas, and this is wichita. not many cars. a traffic nightmare on the roads, and so many drivers are strapped the national guard was called in. in albuquerque interstate 40 was shut down and truck drivers had to wait it out. >> it costs money to sit still or to run it much like this, empty. hopefully it is cleared. >> the winds were so strong in north texas it peeled bricks from the side of a building. today there are worries severe thunderstorms and heavy rainfall are possible across parts of the south and mid-atlantic. so, moving eastward, leaving just a path of destruction. >> absolutely. a lot of snow, two times in a row, they are used
a vote if he is confirmed he would succeed panetta and take office just before budget cuts hit the pentagon. a new snowstorm is crossing the midsection creating havoc for resolution dens still digging out from last week's blizzard bringing heavy snow to kansas and missouri this morning. you can see in the live pictures how much snow is on the ground. they will have a tough job ahead of them. also, we have hurricane-force winds and these are conditions in kansas, and this is wichita. not many...
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Feb 26, 2013
02/13
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KRON
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secretary leon panetta just days before automatic, across-the-board budget cuts and scheduled to hit the pentagon. >> safety officials say more teenagers dying behind the wheel. a new report find that deaths of teenage drivers increased 19% for six months of last year. that is a reversal of a decade-long trend were of raw traffic fatalities declined to historical lows. the study finds the deaths are primarily among 16 and 17 year old. >> pollen season starting earlier this year in some parts of the u.s.. tree pollen is supposed to peak in march. grass pollen in the following weeks. but regions from the nation's capital to north texas off pollen count spike in february. here in the bay area, the tree pollen count is high right now. the most active pollens being cedar in juniper. researchers say if you are allergic, you will want to stay indoors during dawn and dusk when colin count is hire. >> the fda has expanded its approval for a bayer cancer pill to treat tumors of the intestines. regulators approve the drug to treat gastrointestinal tumors that do not respond to other treatment. in a study, p
secretary leon panetta just days before automatic, across-the-board budget cuts and scheduled to hit the pentagon. >> safety officials say more teenagers dying behind the wheel. a new report find that deaths of teenage drivers increased 19% for six months of last year. that is a reversal of a decade-long trend were of raw traffic fatalities declined to historical lows. the study finds the deaths are primarily among 16 and 17 year old. >> pollen season starting earlier this year in...
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Feb 26, 2013
02/13
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CSPAN
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and that is part of the pentagon? caller: the defense intelligence agency, we are under the dod. host: what are you hearing about your job? caller: because i am a civilian, i'm liable to be placed on furlough at least one day a week, potentially 22 days until the end of the fiscal year. unfortunately, paying my half of the rent with a roommate at $1,200 a month prior to facilities, i'm going to have many difficulties with living with another analyst, just trying to afford our rent, as well as part of any food or any other expenses. host: could you have taken a job in the private sector and made more? caller: absolutely. i got a college degree try to join the intelligence agency, because i intended to serve this country. i do not wear a uniform, but i go to work every day for the defense of this nation. host: steve, from maryland, part of the energy department. caller: i am a fairly senior person. i understand the plight of folks at lower levels. the point is i have been working for the federal government for about 32 years. i would have been fired in the first or second. if i did
and that is part of the pentagon? caller: the defense intelligence agency, we are under the dod. host: what are you hearing about your job? caller: because i am a civilian, i'm liable to be placed on furlough at least one day a week, potentially 22 days until the end of the fiscal year. unfortunately, paying my half of the rent with a roommate at $1,200 a month prior to facilities, i'm going to have many difficulties with living with another analyst, just trying to afford our rent, as well as...
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Feb 26, 2013
02/13
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and now we're going to cut pretty significantly from the pentagon's budget. your move, mr. president. >> well, he wants revenues to go up, again. and john boehner's response, as you just heard, he just did that. >> that's the thing. we always heard, you guys raise taxes, cut defense spending and then we will come back with a compromise on spending cuts. but, no, we raise taxes. we come forward with pentagon cuts and the president comes back with, you know, we want to tax more americans. let's raise taxes, again. >> you wonder where this ends now then. because if the president is not going to go anywhere without any more revenue, where does this take us? we have the plan in place that was supposed to do both of those things. we're at that point on friday and we're going to hit it and neither side is going to get to it. what's the end game? how do we end up? >> how do you think it's going? i'm just curious. republicans always lose these budget battles and i get a sense for the first time that it's the president that's overplaying his hand and talking about fear and loathing.
and now we're going to cut pretty significantly from the pentagon's budget. your move, mr. president. >> well, he wants revenues to go up, again. and john boehner's response, as you just heard, he just did that. >> that's the thing. we always heard, you guys raise taxes, cut defense spending and then we will come back with a compromise on spending cuts. but, no, we raise taxes. we come forward with pentagon cuts and the president comes back with, you know, we want to tax more...
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Feb 26, 2013
02/13
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i don't think taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before anyone has laid out any kind of vision of how that $85 billion a year could be cut, that it must be possible and that everything else has to be ruled out seems to me to be a extraordinarily irresponsible approach. of course there are instances of waste in the federal government. there are also instances of huge unmet needs of diseases where we could find cures that save tens of thousands of people's lives in the next several years. but we're cutting the budget instead and denying ourselves the chances to find those cures. of infrastructure investments where we're risking more bridges collapsing and
i don't think taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before...
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Feb 26, 2013
02/13
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>> pentagon is talking about having less aircraft carrier presence. the foreign-policy establishment could see some of its dollars cut. foreign aid is never the favorite thing of the congress. some of those accounts could be pressured. a lot of these cuts ordered by sequestration are essentially dumb. they are acrsooss the board. certain things are exempt. ibo who run these cabinet departments often lack the authority just -- people who run these cabinet departments often lack the authority did say we are going -- authority to say we are going to keep this or that. us toes it hard for represent ourselves as a model that ought to be in related by others -- to be emulated by others. >> what do you hear when you talk to leaders around the world, not just about sequestration -- what are people saying to you? .> all those things america's inability to tackle its deficit and debt. able shake their heads. at the end of the day, -- people shake their heads. because at the end of the day, they are dependent on the united states. the united states controls the
>> pentagon is talking about having less aircraft carrier presence. the foreign-policy establishment could see some of its dollars cut. foreign aid is never the favorite thing of the congress. some of those accounts could be pressured. a lot of these cuts ordered by sequestration are essentially dumb. they are acrsooss the board. certain things are exempt. ibo who run these cabinet departments often lack the authority just -- people who run these cabinet departments often lack the...
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Feb 25, 2013
02/13
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CNN
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which, by the way, a lot of democrats like to see those big budget cuts on the pentagon. a lot of republicans would like to see those budget cuts on some domestic spending. so what's hanging over their heads right now is not as awful as the last couple of times we went around this. and so i think that's why john's right. that's why they're going to end up having this problem. >> how about pride? how about that has beening ov i their head? they work in a government that at least can do its most basic function and pass a budget? they work in a government and not a circus. how about pride in that? >> that would be good. you saw the article bob woodward had in "the washington post" this weekend. saying the president is in effect moving the goal post on the $85 billion. so when the president asks that a substitute for the sequester include not just spending cuts but also new revenue, that means taxes, he is moving the goal posts. his call for a balanced approach is reasonable, and he makes a strong case that those in the top income brackets could and should pay more. but that
which, by the way, a lot of democrats like to see those big budget cuts on the pentagon. a lot of republicans would like to see those budget cuts on some domestic spending. so what's hanging over their heads right now is not as awful as the last couple of times we went around this. and so i think that's why john's right. that's why they're going to end up having this problem. >> how about pride? how about that has beening ov i their head? they work in a government that at least can do its...